Current Affairs 2016: Page 39 of 143

Central Board of Direct Taxes (CBDT) has signed seven one-sided Advance Pricing Agreements (APAs) with Indian taxpayers to reduce tax lawsuit. Number of APAs entered into by CBDT. So, CBDT has reached 77 APAs.

Malcolm Turnbull was sworn as Australian Prime Minister for second term after a narrow success in the federal election. Malcolm Turnbull sworn by Governor-General Peter Cosgrove, Queen Elizabeth II’s representative in government house in Australia.

Rohit Khandelwal won the prestigious 2016 Mr. World title and he became first Indian and first Asian to win the Mr. World title. He is the Indian actor, model, television personality. The grand ceremony was held at Southport theatre, Promenade,… (195 more words) …

SC has accepted major recommendations of Lodha Committee on reforms in BCCI (Board of Control for Cricket in India). BCCI is the world’s richest cricketing body. In January 2016, the committee had submitted its recommendations to Supreme Court.

Pema Khandu sworn in as the 10th Chief Minister of Arunachal Pradesh and with this he became the youngest Chief Minister in the country. He was administered the oath to office and secrecy by Governor Tathagata Roy at the… (236 more words) …

Union Commerce Ministry has launched an e-marketplace portal for online purchase of goods and services by various central government ministries and departments. It was launched by the Union Minister of State (MoS) Commerce and Industry Nirmala Sitharaman in New Delhi.… (156 more words) …

Housing Development Finance Corporation (HDFC) become the first Indian company to issue “masala bonds” on London Stock Exchange (LSE). Masala bonds are in the form of synthetic rupee notes. This bond will help to HDFC.